Hostess Sells Twinkies For Record Price
Hostess sells Twinkies for record price. It is being sold to another brand you know. The J.M. Smucker Company has purchased Hostess for $5.6 billion. Obviously, Smucker’s is very famous for making their jelly. The deal is expected to close in 2024. Hostess isn’t just known for making Twinkies. They also make Zingers, Snoballs and Ding Dong‘s.
“We believe this is the right partnership to accelerate growth and create meaningful value for consumers, customers and shareholders,” Hostess CEO Andy Callahan said in a statement. “Our companies share highly complementary go-to market strategies, and we are very similar in our core business principles and operations.”
What Is A Twinkie?
The Twinkie is a snack cake and it is described as having a golden sponge cake with a creamy filling. It was first invented in 1930. Inside the Twinkie is vanilla cream but originally it was filled with banana cream. During World War II bananas were rate rationed. So, that is why vanilla cream became the middle of it. The reason why it’s called a Twinkie is that the owner saw a billboard that said ‘Twinkle, Toe Shoes’. Beacuse of that the Twinkie name was invented.
Twinkies Went Away For A While
The Twinkies actually went away in 2012 after Hostess filed for bankruptcy protection. But they weren’t gone from the market for very long. They went away in November 2012, but returned back to store shelves in March 2013.
Fianlly, the J.M. Smucker Company doesn’t just own jelly. They actually own Jif peanut butter, Dunkin’ Donuts coffee and Folgers coffee. Also, they are a Fortune 500 company.
[SOURCE: ABC Action News]
The J.M. Smucker Company announced the transaction Monday.
— ABC Action News (@abcactionnews) September 11, 2023
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5 Tampa Bay Restaurants Where Kids Will Be Kicked Out
Osteria Natalina - South Tampa
Osteria Natalina small restaurant has the most delicious Italian food and it’s very well known. One of our favorite dishes is their Sacchettini Du Pere which are pasta purses filled with pear & cheese then drowned in yummy gorgonzola sauce. Even though their food is fabulous, Osteria only allows kids 9 and up! Many people have been turned away with newborns, toddlers and other ages. It’s a small space and they want to keep the restaurant intimate.
Hampton Station - Seminole Heights
Hampton Station has some delicious pizza! Although, children are allowed and many of the servers are super sweet especially when dealing with them. However, there’s been multiple reports of the manager/owner getting annoyed with children in the restaurant.
Dio Modern Mediterranean - Downtown Tampa
Dio Modern Mediterranean is located downtown this Mediterranean restaurant will not allow children after a certain time. It’s mainly because of entertainment purposes plus they have hookah with smoke blowing.
Cake Drip - Hyde Park
We absolutely love Cake Drip! They have the most delicious chocolate goodies and you can make your own chocolate bar. But this is a drinking establishment so you must be 21 and up to enjoy. But it’s a very fun place and perfect for a fun night out with all your friends or a date night.
